RELATIONSHIP BETWEEN

ENTREPRENEURSHIP, JOB
CREATION,AND THE NATIONAL
ECONOMY
Group 1 – Topic 1
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CONTENT
• Why entrepreneurship extend opportunities
• Beneficial circulation of entrepreneurs with the economy
• The growth of national economy with the help of job creation
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Entrepreneurship, job creation, and the

national economy are closely interlinked.
Entrepreneurship is the process of
identifying and pursuing new business
opportunities, often involving the creation
of innovative products or services. When
entrepreneurs start new businesses, they
create job opportunities for others, which
helps to stimulate economic growth.
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In general, entrepreneurs are considered to be a driving force behind

job creation in many economies around the world. This is because
entrepreneurs often start small businesses that grow over time,
creating jobs and contributing to economic growth.
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In addition, entrepreneurs are often innovators who create new

products and services that can drive economic growth in new
directions. Job creation, in turn, is essential to the health of the
national economy. When people have jobs, they have money to
spend, which drives demand for goods and services. This, in turn,
stimulates economic growth and creates more jobs, leading to a
positive feedback loop.
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Furthermore, entrepreneurship also contributes to economic growth

through the creation of new industries and the expansion of existing
ones. For example, the growth of the tech industry has been driven
largely by entrepreneurial ventures, creating new jobs and driving
economic growth.

In summary, entrepreneurship, job creation, and the national

economy are interconnected. Entrepreneurship creates new
businesses, which in turn create jobs and contribute to economic
growth. This, in turn, stimulates demand for goods and services,
leading to more job creation and economic growth.
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